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Author Topic: Taking long term $ loans (12.68% intrest annually), 130% COLLATERAL AT ALL TIME  (Read 3979 times)
leen93 (OP)
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December 06, 2014, 01:14:10 AM
Last edit: December 10, 2014, 05:38:33 PM by leen93
 #1

Hi!
I'm taking long term $ loans (min. 2 weeks, max. 6 months, 1% a month) (min. 1$, max. 2000$)
If you want we can use an escrow and I can provide collateral till 130% in BTC/LTC, if cryptocurrency price would drop I'll provide more collateral to the escrow, if it drops significantly the escrow will pay me back a part of the collateral so that we stay around the 130% to insure your safety, I prefer Dannyhamilton unless you have another preference we can discus it. You can also pay your $ in bitcoin but the loan stays in US dollars.
Let me know if you are interested. Would be glad to lend from you.
Regards,
Leen

Loans taken:
mtwelve : 20$ (searching for escrow)
still searching for more!!!
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leen93 (OP)
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December 06, 2014, 01:14:44 AM
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December 06, 2014, 01:17:13 AM
 #3

Sorry I am a bit confused with your post. Are you looking for a loan or are you offering to lend people BTC.?

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leen93 (OP)
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December 07, 2014, 11:50:25 PM
 #4

Sorry I am a bit confused with your post. Are you looking for a loan or are you offering to lend people BTC.?
Hi, I'm looking for a loan. Read my OP carefully, then it should be clear. But for your safety I can give 130% collateral to an escrow. So in case I don't pay back (but I will) you will receive the money + intrest from the escrow. I hope this makes everything clear for you.

I also want to give you a tip: when you lend money to newbie or exchange bitcoins always make sure to use an escrow, a person in between who makes sure no party is able to scam the other party.
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December 07, 2014, 11:51:18 PM
 #5

UPDATE : raised collateral to 130% and lowered the minimum amount to lend me. I hope I can finally find someone
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December 07, 2014, 11:57:14 PM
 #6

Dude another thread come on now... this is getting crazy.

Try the Edit button

leen93 (OP)
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December 08, 2014, 12:24:01 AM
 #7

Dude another thread come on now... this is getting crazy.

Try the Edit button
There is 1 reason why I need to make a new topic every time and that is YOU. Because you keep spamming my topic all the time and make it look bad. Could you please remove this annoying reaction so I could keep this topic as my official topic or do I need to make another one again?
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December 08, 2014, 12:44:50 AM
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Nah and everyone you post I will be sure people know what you are doing, taking loans to give loans.

leen93 (OP)
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December 08, 2014, 01:30:34 AM
 #9

Nah and everyone you post I will be sure people know what you are doing, taking loans to give loans.
taking loan to give loans? Why would I do that ? Could just lend out my btc instead of having them at an escrow.
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December 08, 2014, 01:33:10 AM
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Nah and everyone you post I will be sure people know what you are doing, taking loans to give loans.
taking loan to give loans? Why would I do that ? Could just lend out my btc instead of having them at an escrow.

Ok now you are going to show you are a liar as soon as I find that thread.

leen93 (OP)
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December 08, 2014, 08:56:36 AM
Last edit: December 10, 2014, 05:26:46 PM by leen93
 #11

Nah and everyone you post I will be sure people know what you are doing, taking loans to give loans.
taking loan to give loans? Why would I do that ? Could just lend out my btc instead of having them at an escrow.

Ok now you are going to show you are a liar as soon as I find that thread.
there is no and there has never been such a thread, please stop spreading bullshit all over my topic. This is really annoying.
And I provide 130% collateral at the escrow. It's not even possible to lend out your btc, I will have more btc stuck at an escrow. + it's irrelevant what I do with my bitcoins, that's none of your business (I need to buy some things). The collateral gives enough safety...
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December 10, 2014, 05:27:13 PM
 #12

Still searching for a loan!!!
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December 12, 2014, 12:21:55 PM
 #13

check with marcotheminer, he might offer you something.

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leen93 (OP)
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December 12, 2014, 03:33:36 PM
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check with marcotheminer, he might offer you something.

I already asked him, but thanks! I'll ask him again!
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December 12, 2014, 05:43:04 PM
 #15

It seems like a low risk way to short Bitcoin. If Bitcoin collateral drops below the $2000 loan amount, the OP runs off. If Bitcoin rises the OP gets a refund on the value of the coins. Even if the price stays relatively static, the interest is pretty low.
leen93 (OP)
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December 12, 2014, 11:42:07 PM
 #16

It seems like a low risk way to short Bitcoin. If Bitcoin collateral drops below the $2000 loan amount, the OP runs off. If Bitcoin rises the OP gets a refund on the value of the coins. Even if the price stays relatively static, the interest is pretty low.
I make sure the collateral stays above 100%, if price drops I'll send more btc to escrow to stay at 130%, even can do this daily, I'll never run off...
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January 05, 2015, 11:19:25 PM
 #17

So you are asking for a btc loan and give 130% collateral in bitcoin? Well, doesnt make sense, most likely buying trust?

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January 08, 2015, 01:32:41 PM
 #18

I'm willing to do this, if you make sure that the BTc stays above 120%.  What payment processors do you use?  Paypal?
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January 13, 2015, 01:07:58 AM
 #19

How are you accepting the US$?

I'm quite interested.
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March 14, 2015, 11:24:06 AM
 #20

Nah and everyone you post I will be sure people know what you are doing, taking loans to give loans.
taking loan to give loans? Why would I do that ? Could just lend out my btc instead of having them at an escrow.

Ok now you are going to show you are a liar as soon as I find that thread.
there is no and there has never been such a thread, please stop spreading bullshit all over my topic. This is really annoying.
And I provide 130% collateral at the escrow. It's not even possible to lend out your btc, I will have more btc stuck at an escrow. + it's irrelevant what I do with my bitcoins, that's none of your business (I need to buy some things). The collateral gives enough safety...
This dosent make any sence at all, why would you lend lets say 10 btc, have 13 btc in someones escrow and pay 1.268 btc in interest in a years time, you would then have 77%-67% of the amount that you originally had that you can use for whatever business you need it for.
You would be better of if you dident borrow the 10 btc as you could then use the full 13 btc for the full year.

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